Venture Global (VG) Research & Development (2024 - 2026)
Venture Global's (VG) quarterly Research & Development came in at $46.0 million in Q1 2026, down 74.73% year-on-year from $182.0 million in Q1 2025, and down 11.54% on a QoQ basis from $52.0 million in Q4 2025.
Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends
Venture Global (VG) has 3 years of Research & Development data on file, last reported at $46.0 million in Q1 2026.
- On a quarterly basis, Research & Development fell 74.73% year-over-year to $46.0 million in Q1 2026; TTM through Mar 2026 was $208.0 million, a 67.3% decrease from a year earlier, with the FY2025 full-year figure at $344.0 million, down 45.83% from the prior year.
- Research & Development for Q1 2026 stood at $46.0 million, down from $52.0 million in the prior quarter.
- Over the last five years, Research & Development for VG reached as high as $182.0 million in Q1 2025 and fell as low as $46.0 million in Q1 2026.
- Historically, Research & Development has averaged $113.9 million across 3 years, with a median of $124.0 million in 2024.
- Across the five-year window, Research & Development advanced 0.55% in 2025 and slumped 74.73% in 2026, its largest moves.
- Year by year, Research & Development stood at $124.0 million in 2024, then slumped by 58.06% to $52.0 million in 2025, then decreased by 11.54% to $46.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Venture Global | 37.29 Bn | 38.84 Bn | 1.82 Bn | 46.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 57.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 156.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 181.00 Mn |